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Sears to sell properties to fund pensions, warns on Q3 loss

2017-11-09 13:04:00| Daily apparel & textile news and comment - from just-style.com

US retail giant Sears Holdings Corp has announced the next series of steps - including the potential sale of a further 140 properties -  as part of its efforts to return to profitability

Tags: sell loss properties fund

 

Tapestry knocked by Kate Spade charges, reports Q1 loss

2017-11-07 13:29:00| Daily apparel & textile news and comment - from just-style.com

Accessories business Tapestry, formerly known as Coach Inc, swung to a loss in the first quarter as it was hampered by costs related to the acquisition of Kate Spade, but the addition of the brand helped drive net sales by 24% in the period.

Tags: reports loss charges kate

 
 

New Look now among the disrupted, swings to H1 loss

2017-11-07 11:10:00| Daily apparel & textile news and comment - from just-style.com

New Look is no longer a retail disruptor, but instead among the disrupted, according to one analyst, as the UK value fashion retailer swung to a half-year loss amid what it called "another tough period of trading".

Tags: to loss swings disrupted

 

Zalando moves to a loss in Q3, despite sales hike

2017-11-07 10:30:00| Daily apparel & textile news and comment - from just-style.com

Berlin-based fashion e-tailer Zalando has lowered its forecast for the full year as it moved to a loss in the third quarter, despite a double-digit sales hike.

Tags: sales loss moves hike

 

Volume production of Tesla Model 3 pushed back to late Q1 2018; battery module problems; record loss in Q3 2017

2017-11-02 09:55:45| Green Car Congress

Tags: back problems model record

 

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